The global 3D metrology market revenue was US$ 9.60 billion in 2021. The 3D metrology market revenue is forecast to reach US$ 19.65 billion by 2030, growing at a compound annual growth rate (CAGR) of 9.5% during the forecast period from 2022 to 2030.
A 3D metrology system provides accurate and precise 3D measurement data using advanced technology. In addition, it is the study of physical measurement in a scientific way. It is also known as a precision measurement in general. In its simplest form, 3D metrology can obtain geometrical data of objects in 3 axes (x, y, z). Most measurement results are acquired using a coordinate measuring machine (CMM). It is still possible to use other 3D capture systems as a substitute for 3D metrology. Many industries use 3D metrology for maintaining product quality, including automotive, construction, engineering, aerospace, energy and power, and heavy machinery.
Factors Influencing Market Growth
The global 3D metrology market is forecast to grow due to global automotive sector growth and the increased focus on quality control in manufacturing.
An increase in the demand for higher productivity in electronics manufacturing companies boosts the overall 3D metrology market growth.
The global 3D metrology market may face a negative impact due to a lack of simplified software solutions.
With the emergence of industry 4.0 and significant growth in the aviation industry, the global 3D metrology market will find lucrative opportunities during the forecast period.
Impact Analysis of COVID-19
In response to the COVID-19 pandemic, a partial or complete lockdown was imposed by the government worldwide in order to control the spread of the COVID-19 virus. Consequently, it disrupted the supply chain of manufacturers and made it hard for them to reach end-users. In addition, businesses and manufacturing units across several countries had to close their operations due to labor shortages and a lack of raw materials. As a result, these factors had caused a decrease in global demand, which negatively affected the global market.
Regional Insights
In 2020, North America dominated the global 3D metrology market. The region is forecast to show significant growth during the forecast period. A growing large number of pharmaceutical, automotive, and aerospace equipment manufacturers in the US, rapid automation in automotive manufacturing facilities, and the increasing demand for 3D metrology services contribute to the growth of the global 3D metrology market.
The Asia-Pacific region is forecast to grow substantially during the forecast period. Developing countries such as China, India, and Japan contribute a great deal to the growth of the 3D metrology market. The Asia Pacific region has experienced rapid growth due to the presence of many automotive plants and various manufacturing firms.
Leading Competitors
The leading competitors profiled in the global 3D metrology market are:
3D Digital Corporation
3D Systems Corporation
Applied Materials Incorporated
Automated Precision Incorporated
Carl Zeiss AG
Creaform Incorporated
FARO Technologies Incorporated
Keyence Corporation
Nikon Metrology NV
Perceptron Incorporated
Other Prominent Players
Scope of the Report
The global 3D metrology market segmentation focuses on Product, Application, End-User, and Region.
Segmentation based on Product
Coordinate Measuring Machine (CMM)
Optical Digitizer & Scanner (ODS)
Automated Optical Inspection
Video Measuring Machine (VMM)
Others
Segmentation based on Application
Quality Control & Inspection
Reverse Engineering
Virtual Simulation
Others
Segmentation based on End-User
Electronics
Architecture & Construction
Aerospace & Defense
Industrial
Automotive
Others
Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America